SPNGQ - Spongetech Delivery Systems, Inc. - Page 5

I would not be suprised if they tell us next week that they are selling in walmart.

Do you really think this is possible? Because if it is, what price do you think it will go to?

I used to make a product that I think would have done well in the retail market like that, but it is EXTREMELY hard to get a contract with someone like walmart. We hounded them for over a year before we got our first appt to even talk to them. Shelf space is very expensive and hard to get......but on the other hand, One contract with a company like that is all you need.

sounds goood to me. I hear that these guys are spending massive amounts on advertising though, which should be a big plus for them.

Yes, That is a huge plus for me and for staying with this one for a little while. Not only the fact that they are doing the advertising, but that they have the money and are willing to spend it that way. I will get my sample of the product soon, but I do expect it to be as it is advertised.

SPNG chart looks good. Also the company has been having alot of coverage by the press. I believe they have had a higher demand for their product. The stock should move soon IMO.

Hope so. I got back in on a dip last week. Based on their backlog of orders in press releases and these radio interviews, revenues should keep increasing. I cannot speculate on net profits/earnings, as they seem to be spending a lot on advertising. I am fine with that though.

I just got my "green" sponge in the mail today and will use it when it stops raining here, lol.

I was talking to a friend today and he said that i should buy more spng because they are gonna break .04 wall tomorrow or latest on Wednesday and go much higher due to news. He said he is most certain it is tomorrow. (To bad i dont have lots of money to buy more)

queen...you're predicting pps now?
You're as bad as king

Hey, let queen pump away. If it helps me, Im fine with it ;-)

Seriously, I got my green sponge today and washed the car. The good news is it was super easy and less hassle than normal. The bad news is it is of course a sponge. Like any sponge, it doesn't get the tougher spots or ground on dirt/bugs, etc etc. But, you can use in tandem with a coarse sponge or brillo type thing and the spongetech sponge provides enough soap.

Sadly, it rained tonight in Florida so my car may not look washed, but I'll see tomorrow in the sunlight. If I wash again, it will be good to test and see how much soap remains in the sponge. I have an SUV so it is a big car. Overall though, a very user-friendly item.

Big news this morning and huge volume.

I can't believe how many people are not buying this stock.

Look what they said "As with SpongeTech®'s other products, management seeks to aggressively market their pet sponge products on a global scale while increasing their large retail chain presence. The company cannot disclose many of the details at this time."

I think they have something in their hands.

Can you imagine? The news of a retail store contract, that would be great.

http://biz.yahoo.com/prnews/080429/cltu053b.html?.v=2

Yeh, I am shocked this did not move up more today. This was great news and makes me even more convinced this is a medium to long-term play. I suspect we will gap up in the morning or have a decent run after opening, but who knows.

Regardless, I am happy with the fundamentals of this company. Positive net income (profit) with increasing revenues this coming quarter and beyond. As long as the company keeps making more money (and it seems to be) then I have no problem holding. The hint about possible retail chain store contracts has me dreaming of big $$$. :-)

Moving up again this morning on news.

SpongeTech(R) Delivery Systems, Inc. Clarification of Yesterday's $7,500,000 Order of Uncle Norman's(TM) Pet Sponge

WEDNESDAY, APRIL 30, 2008 9:20 AM
- PR Newswire


NEW YORK, April 30, 2008 /PRNewswire-FirstCall via COMTEX/ -- ...CLARIFICATION OF YESTERDAY'S PRESS RELEASE SpongeTech(R) Delivery Systems, Inc. (SPNG) On Tuesday, April 29, SpongeTech announced a new order for Uncle Norman's(TM) Pet Sponge, SpongeTech(R) has received a signed purchase order, along with a letter of credit, from the buyer. The total amount of product purchased by the buyer exceeds $7,500,000. We have begun production with shipping to begin in July 2008.

SpongeTech(R)'s customer is a well-known and established Media Marketing Company with many products now sold through television infomercial marketing. The Uncle Norman's(TM) Pet Sponge will be added to their growing list of products. For contractual, as well as marketing reasons, we have agreed not to disclose their identity of our customers. This is a normal business procedure in the Media Marketing industry.

SpongeTech(R) COO Mr. Moskowitz said, "Our contract with the buyer stipulates that it is the client's obligation to pay for all media and marketing costs. SpongeTech(R)'s obligation is to simply supply our products on a timely basis. I hope this clears up any questions concerning yesterday's release."

The new Uncle Norman's(TM) Pet Sponge can be pre-ordered through the website www.spongetech.com .

For more information please contact Investor Relations at 1- 877- SPONGE T and ask for Bill Young or visit the company website at: www.spongetech.com .

About SpongeTech(R) Delivery Systems, Inc.

SpongeTech(R) Delivery Systems, Inc. is a development stage company, which designs, produces, and markets a unique line of reusable cleaning products for the automotive aftermarket parts industry. These sponge-based products utilize SpongeTech(R)'s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's primary product line has been designed specifically for automotive/vehicle applications, however, SpongeTech(R) is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.

"Safe Harbor Statement" Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2005, the Company's Quarterly Report on Form 10-QSB for the first quarter ended March 31, 2006. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.


Contact:
SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
wayoung55@aol.com or info@spongetech.com



SOURCE SpongeTech(R) Delivery Systems, Inc.


http://www.spongetech.com


Copyright (C) 2008 PR Newswire. All rights reserved

I am suprised why more people are not buying this company. up 7.5% again now

Now up 10% to .044. Starting a run?

Seriously, fundamentals are awesome. Anyone reading this do some DD and weigh in.

WOw, thats good. I'm going out for ice cream with my kids today

Volume pouring in now at HOD .045.

lol, this is to funny. I thought i will buy it and make like $50 and sell it, but its more then that now